Maxar launches $500M private offering
WESTMINSTER — Maxar Technologies (NYSE: MAXR) is launching a $500 million private offering of senior secured notes due in 2027, the company said Wednesday in a news release.
The proceeds from the offering will be used to redeem Maxar’s existing 2023 notes.
This comes after a strong fourth quarter to the space technology company’s fiscal 2021, during which it earned $71 million in net income.
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And late last month, Maxar inked a deal worth up to $3.24 billion to supply the U.S. National Reconnaissance Office with unclassified satellite images and data.
WESTMINSTER — Maxar Technologies (NYSE: MAXR) is launching a $500 million private offering of senior secured notes due in 2027, the company said Wednesday in a news release.
The proceeds from the offering will be used to redeem Maxar’s existing 2023 notes.
This comes after a strong fourth quarter to the space technology company’s fiscal 2021, during which it earned $71 million in net income.
And late last month, Maxar inked a deal worth up to $3.24 billion to supply the U.S. National Reconnaissance Office with unclassified satellite images and data.
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